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The settlement came weeks after the Board filed a complaint on May 16, 2016, alleging that CG Technology took bets after the completion of a boxing match and an MMA fight. On Oct. 9, 2016, CG Technology reported an incident to the Board that occurred eight days earlier. Following a college football game on Oct. 1, the company accepted 33 wagers from 14 patrons after the conclusion of the contest. Similarly, the company self-reported a compliance issue involving a college football game on Oct. 19, 2017. Five days earlier, CG Technology booked nine bets from nine patrons on a single game after it was already over. CG Technology also self-reported a matter from November 7, 2016 when a bettor placed a wager using the company's mobile sports betting app while they were physically located in Maryland. State laws in Nevada prevent gaming operators from offering sports bets on mobile devices outside state lines.

For the original version including any supplementary images or video, visit https://www.forbes.com/sites/mattrybaltowski/2018/08/15/cg-technology-fined-by-nevada-regulator-ordered-to-scrap-sports-betting-technology/

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They’ve got a unique platform that has been built up over the years,” Levin said. “We’ve done marketing partnerships with them before. Their founder, Dave Portnoy, owns horses and is into racing. And I think he’s done some work over the last couple of years to introduce racing to his massive audience. We think this just takes that a step further.” Levin continued: “They’ve been pretty consistent with their content since the day they were founded.

For the original version including any supplementary images or video, visit https://www.thoroughbreddailynews.com/tvg-debuts-sports-betting-shows-stresses-racing-is-core-focus/

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